On the SCCM Report “License 03B – Computers with a specific license status” (Report ID 350, category Asset Intelligence), the description states there are 5 possible values for license status:

This is incorrect. SCCM collects licensing data from client’s WMI class SoftwareLicensingProduct in root\cimv2 namespace and regarding to below MSDN article, there are 7 possible values for LicenseStatus: